816 Rock Island AveDalhartTX79022
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Dalhart at 816 Rock Island Ave, Dalhart, TX, 79022 offers a 11.26% rental yield on a $199,999 purchase with $1,877/mo rent. Total monthly income registers $1,877/mo, and a $979/mo payment leaves $455/mo available for distribution. Annual cash flow reaches $5,456/yr on $66,300 to close, and return on cash invested stands at 28.14% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 148.21% and total cumulative return in cash at $98,264. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,877/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79022, Dalhart, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,350 (100%) |
| Owner Occupied HU | 2,378 (54.7%) |
| Renter Occupied HU | 1,380 (31.7%) |
| Vacant Housing Units | 592 (13.6%) |
| Median Home Value | $179,237 |
| Average Home Value | $272,395 |
Housing Distribution
Address Breakdown
Residential
3,841
Single Family
3,739
Multi-Family
102
Businesses
556
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